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it onto the ballot and have it pass overwhelmingly. prop e, business tax reform, one of those eternal debates at city hall about how do we actually move forward forming our business tax. we were able to put that 09ctionv ballot and it passed overwhelmingly. the debate on tics has been going on for a long time and it's one of those eternal debates at city hall. and i am pleased that we potentially have a resolution that will balance the needs of our many citizens this this -- or many residents, i should say, of this city, whether renters or tic owners, being able to find that common ground. ~ in this i will note to those who have been critical of the legislation that supervisor farrell and i introduced, i'll be honest, i didn't see very much dialogue about how to move forward to resolution before the legislation was actually pending. sides were extremely polarized and there was no -- i don't think that there was any meaningful discussion of how do we come up with some sort of legislation that everyone can live with and move forward. we now potentially have that. and sometimes even thou
on the first read. item 18. >> item 18 is a resolution approving the issuance of tax exempt obligation by the california enterprise development authority in an aggregate principal amount not to exceed 9 million to finance and refinance various capital facilities owned by the progress foundation. >> same house same call? this resolution is adopted. [gavel] >> item 19. >> item 19 is an ordinance [speaker not understood] general fund reserve of approximately 4.3 million to support shortfalls in the sheriff's department for fiscal year 2012 through 13. >> supervisor farrell. >> thank you, president chiu. colleagues, this is a supplemental that came before our budget and finance committee last week from our sheriff's department. it's the third supplemental we've seen this budget season. the first of the public defenders which is going to be coming back for another hearing soon and second obviously the department of public health supplemental. the reason for the supplemental were twofold. one, unknown workers' compensation costs due to a few big claims that were not predicted last year as we
that are primarily sales tax and transit fares and it is two-thirds of the money. and the down side of course is that has been some what of a necessity because of the lack of investment and sacramento and washington and the good news is that when you raise your own money, and you can write your own rules and that is something that we have done to the benefit and not done a lot of highways in the area and you tear them down more than you build them and we need to invest in the transit and we need to invest in the bicycle modes and when we generate a lot of money we have a better time doing that when we deal with the federal or the state rule book. and we tend to divide this money in this planning exercise, into two different pots, pretty much just to cut to the chase because a lot of the money about 80 percent of the money that we call committed is committed to the specific purposes by law and long standing policy as most of the money that you can see in this slide is main nens of the existing system and 90 percent of this money is going to maintain our existing infrastructure that is filling
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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